News Highlights: Top Company News of the Day
20 December 2023 - 2:15AM
Dow Jones News
FedEx 2Q Profit Rises Despite Continued Demand Woes
Revenue fell to $22.2 billion from $22.8 billion a year earlier,
missing the $22.36 billion expected by analysts polled by
FactSet.
Comcast Breach Compromises 36 Million Accounts
Hackers took advantage of a vulnerability in Citrix
cloud-computing software and accessed names and Social-Security
details, among others.
Universal Eyes European Theme-Park Challenge to Disney
The company has bought land north of London while weighing
opening a competitor to Paris Disneyland.
Starbucks CEO Takes On Chain's Social Media Controversy Over Israel-Hamas War
"We see protestors influenced by misrepresentation on social
media of what we stand for," CEO Laxman Narasimhan said in a
letter.
Volkswagen Job Cuts to Help Save Flagship Brand $4.37 Billion Next Year
Volkswagen has reached a deal with workers that will help its
flagship brand save up to $4.37 billion next year by reducing the
size of its workforce.
U.S. Leads Bid to Secure Red Sea, but Shipping Firms Remain on Edge
Regional politics and well-armed Houthi adversaries in Yemen are
among the challenges facing the U.S.-led naval force.
Affirm's stock rockets after Walmart expands buy-now-pay-later option to include self-checkout purchases
Shares of Affirm Holdings Inc. soared toward the highest prices
seen in nearly two years after the provider of buy-now-pay-later
payment options said it has expanded its services with discount
retail giant Walmart Inc. to include self-checkout purchases.
Court Rejects Claims Linking Tylenol to Autism, ADHD
A judge ruled that plaintiffs in hundreds of lawsuits don't have
admissible evidence to support claims that acetaminophen raises
risks for fetal development.
FactSet Lowers Fiscal-Year Outlook and Plans Cost Cuts
FactSet says some cost cuts will be personnel-related.
A Free-World Champion to Rival China: Nippon Chief's Ambitions for U.S. Steel Deal
Nippon Steel President Eiji Hashimoto says the acquisition would
boost economic security, but U.S. politicians and workers
object.
(END) Dow Jones Newswires
December 19, 2023 21:00 ET (02:00 GMT)
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